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116 lines
6.6 KiB
HTML
116 lines
6.6 KiB
HTML
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<!DOCTYPE html>
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<html lang="en">
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<head>
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<meta charset="utf-8"/>
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<meta content="width=device-width, initial-scale=1.0" name="viewport"/>
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<title>
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</title>
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</head>
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<body>
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<div class="CompositeElement" id="85002882dd396da0b1b82c925b002be5">
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US Trustee Handbook
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CHAPTER 1
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INTRODUCTION
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CHAPTER 1 – INTRODUCTION
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A. PURPOSE
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</div>
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<div class="CompositeElement" id="80f07bed3e4ae2a612e9180c2f1a2f6b">
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The United States Trustee appoints and supervises standing trustees and monitors and supervises cases under chapter 13 of title 11 of the United
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</div>
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<div class="CompositeElement" id="1abe685eb8dfed0f2266d6cf793d7e6b">
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le 11 of the United States Code. 28 U.S.C. § 586(b). The Handbook, issued as part of our duties under 28 U.S.C. § 586, establishes or clarifies the
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</div>
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<div class="CompositeElement" id="a9012d27166d14371c4c502ef0b949e1">
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es or clarifies the position of the United States Trustee Program (Program) on the duties owed by a standing trustee to the debtors, creditors, other
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</div>
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<div class="CompositeElement" id="40588c4c1489058c4fec885f4696ebcc">
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s, creditors, other parties in interest, and the United States Trustee. The Handbook does not present a full and complete statement of the law; it
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</div>
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<div class="CompositeElement" id="9ddf0b109cf940de5f575acc9d9758c8">
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ment of the law; it should not be used as a substitute for legal research and analysis. The standing trustee must be familiar with relevant provisions
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</div>
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<div class="CompositeElement" id="b7d1b42646393ca0f41af0e8ec48f9a9">
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relevant provisions of the Bankruptcy Code, Federal Rules of Bankruptcy Procedure (Rules), any local bankruptcy rules, and case law. 11 U.S.C. § 321,
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</div>
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<div class="CompositeElement" id="9ee33f4141eca1f98ca4299d0fdfba31">
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w. 11 U.S.C. § 321, 28 U.S.C. § 586, 28 C.F.R. § 58.6(a)(3). Standing trustees are encouraged to follow Practice Tips identified in this Handbook but
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</div>
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<div class="CompositeElement" id="6da3b5e2a833fa5ab6685f0fa46d2d6f">
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n this Handbook but these are not considered mandatory.
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</div>
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<div class="CompositeElement" id="0a43a9535c06cfbe46bebddcdd5a46e0">
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Nothing in this Handbook should be construed to excuse the standing trustee from complying with all duties imposed by the Bankruptcy Code and Rules,
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</div>
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<div class="CompositeElement" id="685600ed24c5b0e3b34e7d639d3b1959">
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tcy Code and Rules, local rules, and orders of the court. The standing trustee should notify the United States Trustee whenever the provision of the
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</div>
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<div class="CompositeElement" id="c998f5c10c9dac92e4d3624896a603c7">
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he provision of the Handbook conflicts with the local rules or orders of the court. The standing trustee is accountable for all duties set forth in
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</div>
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<div class="CompositeElement" id="d4b750e9af7167156f369b310a8cebb8">
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duties set forth in this Handbook, but need not personally perform any duty unless otherwise indicated. All statutory references in this Handbook
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</div>
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<div class="CompositeElement" id="f4412be8c7b2624c729af85c85b3a0e4">
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es in this Handbook refer to the Bankruptcy Code, 11 U.S.C. § 101 et seq., unless otherwise indicated.
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</div>
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<div class="CompositeElement" id="c6d218f7643bbbc7b4eae0712e8fd659">
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This Handbook does not create additional rights against the standing trustee or United States Trustee in favor of other parties.
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</div>
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<div class="CompositeElement" id="8f411358790d6ee5b0d24f919206d3fd">
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B. ROLE OF THE UNITED STATES TRUSTEE
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</div>
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<div class="CompositeElement" id="6044d58375609c8802cfae16cef5cee9">
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The Bankruptcy Reform Act of 1978 removed the bankruptcy judge from the responsibilities for daytoday administration of cases. Debtors, creditors, and
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</div>
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<div class="CompositeElement" id="a4030396eaf54570462ed74f86e45bc8">
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ors, creditors, and third parties with adverse interests to the trustee were concerned that the court, which previously appointed and supervised the
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</div>
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<div class="CompositeElement" id="80e3b20fead224c85652bbdce327a28d">
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and supervised the trustee, would not impartially adjudicate their rights as adversaries of that trustee. To address these concerns, judicial and
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</div>
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<div class="CompositeElement" id="45eb8c16f94112f46ab05c934abc1d84">
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cerns, judicial and administrative functions within the bankruptcy system were bifurcated.
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</div>
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<div class="CompositeElement" id="39a3f1465d06269d2544ded43dc3a7df">
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Many administrative functions formerly performed by the court were placed within the Department of Justice through the creation of the Program. Among
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</div>
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<div class="CompositeElement" id="2872e5d0bea6ec1523eb9ae2c1c64add">
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the Program. Among the administrative functions assigned to the United States Trustee were the appointment and supervision of chapter 13 trustees./
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</div>
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<div class="CompositeElement" id="24e1076110b431b248b43b1fdaae5282">
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apter 13 trustees./ This Handbook is issued under the authority of the Program’s enabling statutes.
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</div>
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<div class="CompositeElement" id="158a80e29cfe6aa83a4931d955a8fa4f">
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C. STATUTORY DUTIES OF A STANDING TRUSTEE
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</div>
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<div class="CompositeElement" id="e5fdcc6a007017354a9d708dc04fee02">
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The standing trustee has a fiduciary responsibility to the bankruptcy estate. The standing trustee is more than a mere disbursing agent. The standing
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</div>
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<div class="CompositeElement" id="0bf52e064da3ef4fb8b0a92d4b9fa694">
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agent. The standing trustee must be personally involved in the trustee operation. If the standing trustee is or becomes unable to perform the duties
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</div>
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<div class="CompositeElement" id="db297530e558410b89acd93c6b452b84">
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perform the duties and responsibilities of a standing trustee, the standing trustee must immediately advise the United States Trustee. 28 U.S.C. §
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</div>
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<div class="CompositeElement" id="201bfacc211f0eb640e2830b8c29ae41">
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rustee. 28 U.S.C. § 586(b), 28 C.F.R. § 58.4(b) referencing 28 C.F.R. § 58.3(b).
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</div>
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<div class="CompositeElement" id="eff9d6f3a0cdb968b7715e2e417e12ea">
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Although this Handbook is not intended to be a complete statutory reference, the standing trustee’s primary statutory duties are set forth in 11
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</div>
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<div class="CompositeElement" id="fd4c45036e8f17c27271f75944389724">
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are set forth in 11 U.S.C. § 1302, which incorporates by reference some of the duties of chapter 7 trustees found in 11 U.S.C. § 704. These duties
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</div>
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<div class="CompositeElement" id="a968d741409111b777fc123ef01f5407">
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§ 704. These duties include, but are not limited to, the following:
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</div>
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<div class="CompositeElement" id="6856f7d3b3c9ceab0b35fb2951d30be0">
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Copyright
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</div>
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</body>
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</html>
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